Tuesday, March 10, 2015

Mercato Partners Seeks $175M For Third Fund

Salt Lake City-based venture capital investor Mercato Partners said Monday in a regulatory filing, that it is seeking to raised $175M for its third fund. The fund--which did not yet report any limited partners--is run by Alan Hall and Greg Warnock. Mercato Partners raised $115M in its last fund, which had its funding close in 2012. Mercato's investments include such companies as Goal Zero, Altitude Digital, DOMO, Primary Data, SpinGo, and others. Mercato is specifically targeting growth stage investments with its new and existing funds.